We source our eggs from a network of more than 625 small farms, including our contracted family farms along with a small number of company-owned accelerator farms
We primarily work with our contracted farms pursuant to buy-sell contracts where the farmer is responsible for all of the working capital and investments required to produce the eggs and manage the farm
We are contractually obligated to purchase all of the eggs produced by the farmer during the term of the contract at an agreed-upon price that depends upon pallet weight and is adjusted quarterly for changes in feed cost
Buy-sell contracts with new farms average approximately six years in length
no findingread · nothing bore on it
It held on this filing. No finding was written because nothing in it bore on the reason — the sentences it was read against are below.
the evidence · every sentence checkedsix sentences · whole, uncut
the claims it rests on
“We source our eggs from a network of more than 625 small farms, including our contracted family farms along with a small number of company-owned accelerator farms”
“We primarily work with our contracted farms pursuant to buy-sell contracts where the farmer is responsible for all of the working capital and investments required to produce the eggs and manage the farm”
“We are contractually obligated to purchase all of the eggs produced by the farmer during the term of the contract at an agreed-upon price that depends upon pallet weight and is adjusted quarterly for changes in feed cost”
“Buy-sell contracts with new farms average approximately six years in length”
what it was checked against
farmer capital responsibility
“Under these arrangements, the farmer is responsible for all of the working capital and investments required to produce the eggs and manage the farm, including purchasing the birds and feed supply.”
six-year contract duration
“These costs are expected to be recognized over the term of the related buy-sell contracts with the new farms, which average approximately six years in length.”